Bitcoin Hashrate Breakout Leads To Largest Difficulty Adjustment In A Year, B...
Data shows the recent surge in the Bitcoin hashrate has now resulted in the largest difficulty adjustment to the network in over a year. Bitcoin Mining Difficulty Spikes Up Following ATH In Hashrate According to the latest weekly report from Arcane Research, the BTC block production rate reached a value of almost 7 recently after […]
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Data shows the recent Bitcoin hashrate downtrend has lead to the largest negative adjustment in the mining difficulty during the past year. Bitcoin Mining Difficulty Plunges Down As Hashrate Continues To Decline According to the latest weekly report from Arcane Research, Thursday will observe the largest mining difficulty drawdown since the July of 2021. The […]
Data shows the latest downwards adjustment in the Bitcoin mining difficulty has lead to the hashrate observing a bounce back up. Bitcoin Mining Hashrate Observes Surge During Last Couple Of Weeks According to the latest weekly report from Arcane Research, the hashrate has risen up following the largest decrease in the mining difficulty in one […]
Last week, the bitcoin hashrate touched a new all-time high after tremendous growth. While this was a welcome development, it had significant implications for the next mining difficulty adjustment which took place on Monday. As expected, the difficulty adjustment had jumped by double-digits, beating even the highest of forecasts. Difficulty Adjusts By 13.5% Over the last week, the forecasts for the bitcoin mining difficulty adjustment put it at a high of Related Reading: LUNC Community Clamors For Coinbase Listing, Can It Reach $1? 9-12%. These ranged from the conservative side to the....
On-chain data shows the Bitcoin mining difficulty’s latest negative adjustment means the metric has now seen three consecutive downspikes for the first time in more than a year. Bitcoin Mining Difficulty Suffers Third Straight Negative Adjustment As pointed out by an analyst in a CryptoQuant post, miner capitulation has meant that the hashrate has gone […]
Data shows the Bitcoin mining difficulty has declined 3% with the latest adjustment, something that could boost the coin’s hashrate. Bitcoin Mining Difficulty Declines As Hashrate Stagnates When Bitcoin miners solve blocks on the network, they receive some amount of BTC as a reward. These block rewards are the only way to introduce new coins […]